Look at all the promoting going on here...Some say 15 to 25. Another says 50, maybe 100.
It's 10.59 right now. Relax guys.
The biotech / healthcare market is up large this year (IBB up 26% ytd). Every canadian pharma company is up at least 60-100% year to date. This stock is down 36%. You really think there's that kind of upside in CPH? You're dreaming. If there's even a blip of a pullback in this monster long rally in Biotech/healthcare, CPH is going down with it.
You're best to stick with the winners in this sub sector bull run. The losers will get punished on the macro pullback.
It's a funny read though. If Absorbica picks up market share, CPH will do this and that...big IFs being thrown out there. GLTA, but you'll never see 25 bucks on this name. Not unless they do something transformational. This one trick pony is getting tired.